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Describe several characteristics of an effective policy at the international level.
Employees
Individuals who are hired by a company or organization to perform specific duties and tasks in exchange for compensation.
Step-Down Method
A method used in accounting to allocate service department costs to producing departments based on a hierarchy or sequence of steps.
Service Department Costs
Expenses associated with departments that support the production process but do not directly contribute to the actual production of goods or services.
Employee Time
The recorded hours worked by employees, often used for productivity analysis, payroll, and scheduling purposes.
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